Legal & general
More brokerage networks are considering withdrawing from Abbey for Intermediaries' fast-track facility, following a number of exits from the scheme in the past seven days.
A survey by Legal & General has found that over 1m more UK households say they are struggling to pay bills, compared to last year.
Legal & General reported a 9% rise in sales of general insurance at £36m, against £33m in Q1 last year.
Other Legal & general articles
Transitional, the word, means "the passage from one state to another", but the current "transitional arrangements" proposed by the FSA in the MMR Consultation Paper seem much more likely to leave consumers exactly where they are.
Legal&General has replaced its mortgage payment protection (MPPI) product with a short-term income protection (IP) offering called Lifestyle Cover.
Legal & General and Buckinghamshire Building Society have launched a retirement mortgage for asset-rich over 65s, the only one of its kind in the market.
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Reasons to be Cheerful
It's not all doom and gloom out there in the mortgage industry, so click here for a dose of cheer.
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